EcoFirst acquires Sungai Besi land

Group CEO Datuk Tiong Kwing Hee (pic) said the acquisition was in line with the group’s expansion efforts to continuously increase its presence in the property development industry by increasing land bank in the Klang Valley area.

KUALA LUMPUR: Ecofirst Consolidated Bhd has entered into a conditional sale share agreement with Yeoh Siok Choo and Tan You Tiong, to acquire 51% equity interests in BCM Holdings Sdn Bhd for RM81.6mil.

BCM is the registered and beneficial owner of two contiguous parcels of freehold land located in Sungai Besi (BCM Properties).